Value has outperformed other styles in 2020. There is a high chance that it will continue to outperform in 2021 also, suggest experts.
There are as many as 15 stocks in the BSE 500 index which rose 20-40% since November 2019. These include Minda Corp, NMDC, Welspun Corp, Avanti Feeds and Adani Green.
Best high beta and interest rate sensitive stocks to play the rally from the ICICI Securities coverage universe include stocks like SBI, Axis Bank, BPCL, NTPC, Power Grid, L&T, Ultratech Cement.
Sandeep Shenoy of Pioneer Investcorp believes that the looming global risk events like the US Federal Reserve meeting and Brexit decision could lead to extreme volatility in market but investors could get some value buying opportunities.
CNBC-TV18's managing editor Udayan Mukherjee wraps up the market events of the day. He said that the market saw the 500-plus points fall on the back of US Fed's statements on tapering QE by year-end.
CNBC-TV18 spoke to Sushil Kedia, president – ATMA to get his views on the market trade going ahead. Check out his comments.
One should avoid high beta stocks, says Anil Manghnani of Modern Shares & Stock Brokers.
